ASU 2017-07 addresses clarity and consistency issues and will impact pension and postretirement plans. Public entities should adopt this update for fiscal years beginning after December 15, 2017. Nonpublic entities must comply for fiscal years beginning after December 15, 2018. Read more in the Summer 2018 GYF Perspectives.
Advanced technology has enabled the IRS to conduct more audits, and taxpayers should be ready. Read more in the Summer 2018 GYF Perspectives.
Adding powerful AI and machine learning capabilities allows NetSuite to deliver the insight, interaction and automation that ERP customers need. Read more in the Summer 2018 GYF Perspectives. Learn about SuiteSuccess, a unified cloud industry solution that helps customers grow and adapt quickly
According to the PICPA, blockchain may play an important role in the future for accountants. Learn about the benefits, concerns and potential implications of this technology. Read the article from the Summer 2018 GYF Perspectives.
Since the Tax Cuts & Jobs Act passed in December 2017, the IRS has issued numerous clarifications and updates on the provisions of the tax reform legislation. This article lists the areas of focus and future IRS priorities. Read the article from the Summer 2018 GYF Perspectives.